EUR/USD To Proceed Long Above 1.14832 And 1.14557
Forex Watchers | Oct 15, 2015 02:31AM ET
Good morning. Hope all is well! We only had a 28% accuracy on our predictions for yesterday. This was due to the US dollar weakening instead of strengthening. US dollar ended up going to the end of the weak side on our scale so it looks like it has let out a lot of steam. New Zealand and US dollar pairs are on our watch list for today due to fundamentals. We could see the continuation of the weakness on US dollar and Japanese yen. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.14832 and 1.14557.
Fundamental Watch
– CPI m/m
– Core CPI m/m
– Unemployment Claims
– Philly Fed Manufacturing Index
– CPI q/q
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